Shut Down the Federal Reserve

Discussion in 'Economy' started by Darween, Jun 4, 2010.

  1. Darween
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    Darween Rookie

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    These are the times that try men's souls.

    This short motto has echoed for centuries. It gave strength to American patriots in 1776 as it propelled them to liberty. This motto is alive and just as appropriate today as it was at the beginning of the Revolution.

    Freedom was won, but corruption soon crept in. What was once a proud banner now often strikes terror in the hearts of people.

    Have people become too complacent with modern living? Have people forgotten the tyranny of subjugation to a king? Have people forgotten the horrors of slavery? Will they wake up before it is too late?

    When the new nation was a toddler, it took on a national bank. Jefferson caused that bank to be closed down, but others kept bringing it back. Today, the national bank is called the Federal Reserve. It should never have existed centuries ago, and it certainly should not exist today.

    The present world economic crisis can be traced right to the Federal Reserve. So many nations are linked to the American economy that they are now victims of the Federal Reserve's manipulation.

    Most people mistakenly think that the Federal Reserve is a government bank. If it were, then all the interest it earns would be ploughed back into the American system, hence the national debt would be zero. That is, the Americans would only owe the interest to themselves. However, the interest is collected by individuals and groups. Those who own the Federal Reserve Bank collect the interest for themselves, and make themselves extremely wealthy at the expense of American taxpayers.

    The Federal Reserve charges interest on every dollar in existence, whether paper or otherwise. The owners rake off this interest. Many banks have failed, are failing or will soon fail in America. They are failing because the Federal Reserve has become so greedy that banks can barely operate in the environment. The Federal Reserve takes almost all the profits from the banking industry and only provides scraps to its subservient banks.

    The banks have to scrape and maul their customers to survive in this critical time. So, the banks become ruthless. Nobody cares for the banks because they are ruthless. Further, many of the banks have turned to unlawful activities just to stay afloat. The cause of all this disarray is the Federal Reserve.

    Shut the Federal Reserve down tomorrow and things will begin to improve. Ban any national banks, and it will be a long-term solution. The small group of people who are taking all the interest from the Federal Reserve should be charged and tried for their horrible crimes against all the people in the world.

    Not only is America affected, but the entire world is being fleeced by the Federal Reserve, because the whole world is impacted by American commerce and banking.

    In these times that try men's souls, those without souls need to be tried and convicted. They are the culprits. They are the criminals. They are the evil slave masters.

    W.B.W. (White Buffalo Woman) Light-Rider
    September 24th, 2008
     
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  2. Neubarth
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    Neubarth At the Ballpark July 30th

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    Total Insanity! Why do these genetically defective low IQ nincompoops even bother to post?
     
  3. Paulie
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    Paulie Platinum Member

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    Probably because you're a fucking faggot ass piece of shit dick sucking vagina avoiding pillow biting fuck face.
     
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    Last edited: Jun 4, 2010
  4. william the wie
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    william the wie Gold Member

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    To quote that rightwing windbag Karl Marx in Das Kapital "Money is not necessarily gold but gold is necessarily money." It's only a centrist position to state that fiat money and central banking is useful and desirable. He nailed you Paulie.
     
  5. industry7
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    industry7 Member

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    um... what? We absolutely should have a national bank. We could have avoided this disaster if we had. The Federal Reserve however is not a national bank. A national bank must be owned by the gov't, ie all American citizens. The federal reserve is owned by private shareholders.
     
  6. Neubarth
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    Neubarth At the Ballpark July 30th

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    To have a national bank, we would have to have eliminated debt and have a positive balance to the national balance sheet. The moment we ran out of money in the National Bank, we would be bankrupt.

    When you stop and think about what you are proposing, it is grossly stupid to the point of bordering on insanity, like the Ron Paulites.
     
  7. Neubarth
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    Neubarth At the Ballpark July 30th

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    All this tells me is that you are demon possessed. Go see a Catholic Priest of somebody who can do an exorcism. You are in need of serious help.
     
  8. industry7
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    industry7 Member

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    First off, the Bank of North Dakota has been doing perfectly fine for the last 91 years. Second, even assume a maximum 9:1 leveraging (like we currently have), with a little over 1.9T in revenue (2009, CIA World Factbook) that means we could work with up to 17T in debt, and that's only looking at the national level. States could still establish their own banks which would probably be a good idea.

    On the other hand, all you have to do is look around to see how abysmally the private banking system has worked out.

    https://www.cia.gov/library/publications/the-world-factbook/geos/us.html
     
  9. Paulie
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    Paulie Platinum Member

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    And I'm pretty sure you're an escaped mental patient.
     
  10. Neubarth
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    Neubarth At the Ballpark July 30th

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    Paulie, you have consistently shown us that you are stupider than shit. Bad DNA is Bad DNA. I feel sorry for you that you have to go through life with all of that inherited baggage. Maybe you can end it all?:cuckoo::cuckoo::cuckoo:
     

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